Some 18 porters transported baskets and boxes filled with the money, which together weighed more than 102 kilogrammes, the Shanghai Daily newspaper reported.
Photos showed bamboo baskets stacked with bundles of 100 yuan notes, which are red and depict Mao Zedong, communist China's founding father.
Members of the man's entourage showed up at the woman's house in a fleet of luxury vehicles, led by a Maserati sports car, reports said.
A decades-long economic boom has created massive wealth in China but many rural residents and urban poor have been left behind.
"It's not so much marrying a wife, but buying one. If they really loved each other, there would be no need for such extravagance," wrote one user of China's popular weibo microblogs.
The couple are both from rich families in the eastern province of Zhejiang, where it is traditional in some areas to offer engagement gifts, the newspaper said.
The families - both surnamed Huang - chose the amount of money because the word for eight is linked with the meaning "wealth" in Chinese.
"Marriage achieved by money, can it last?" said another microblog poster.
COMMENTS (8)
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@Aneducation: You are right. Keep it that way.
No, it isnt. And no it wasnt the US. It was Great Britain. That Gold drop was known as "browns bottom". After Gordon Brown decided to sell almost 400 tonnes of Gold.
" but never have been good compared with currency being in circulation as is in developed countries where money is constantly in circulation "
Again, thats total nonsense. Gold outperforms every single major currency in the past decade, and it IS a currency. Few people want to hold on to cash when central banks are printing like theres no tomorrow. Go and take a look at some of the ballpark figures of M3 money supply. There is nothing backing them, thats the truth. Its all just one big ponzi scheme.
@Aneducation: Entirely a different subject. Currencies used to be backed by precious metals in the 60's and before by developed nations and developing nations did to make sure their money is backed by these metals for comparable value surety. Now most, though not all, back them against $ or other solid value currencies as these currencies are backed by physical assets and a fraction of (about 5%) in precious metals preferably gold (Iran did with diamonds). When Switzerland and USA treasuries released gold for sale in early 2000's after 9/11 for having less store value, gold came down to $300 range. Hoarding gold never have been a good idea for economic progress and India faced this as a big hurdle in their progress and levied certain restrictions during early 1970's. People use hoarding gold for their cultural values and for rainy days but never have been good compared with currency being in circulation as is in developed countries where money is constantly in circulation and if someone is very Islamic can understand why Zakat was levied on hoarded wealth.
@ Anis Aqeel, Massively misguided statement. Gold is currency, and a store of value. If you look at Gold vs USD, GBP, JPY or (more importantly) PKR in the last 10 years, you will see that it outperforms every single one by a country mile in terms of absolute return. Gold beats Fiat paper currency any day of the week. Especially in a country like Pakistan, where inflation is and has been massively out of control for a long time. As for assets which give off a yield, those yields compounded + pkr inflation make the whole excercise pointless, as they still wouldn't have given the same sort of return gold has given. Put it this way, if the ---- hit the fan, No other country would want your PKR.
It is not a big deal for the rich and mighty people in the world.
There are boys and girls in Pakistan who wants to get married but cannot afford the marriage expenses.
All the human beings are equal, so is the Chinese couple.
This news not complete. The bride only get cash after the marriage is consummated and husband happy. 88 is a lucky number for us but 69 is more pleasurable.
Much better than hoarding gold in dowry that produces nothing but nose and eyes. This money can be invested and bring into production instead of promises in dowry money to be given to the bride that is normally forgiven due to fear and threat of being divorced.
Don't try that in Pakistan. You and whole family could be killed and robbed for lot less than that!